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Kinross withdraws gold exploration proposal

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CHESAW — After spending five years and $10 million seeking permission to explore for gold near Chesaw, Kinross Gold announced Wednesday that it’s abandoning the effort.

Some exploring for gold in the area will continue, said Deana Zakar, Kinross Gold’s spokeswoman. But the proposal to drill more than 950 holes in search of more gold is being abandoned due to the cumbersome process with no end in sight, she said.

Kinross, which owns the Buckhorn Mine near Chesaw, had been…

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